Monday, 10 April 2017

Wells Fargo report gives inside look at the culture that crushed the bank's reputation

A high-level investigation into the fake accounts scandal at Wells Fargo blamed a "sales-oriented culture or a decentralized corporate structure" that "unfortunately coalesced and failed dramatically," resulting in one of the worst banking controversies in years.


TOP NEWS

Wells Fargo report gives inside look at the culture that crushed the bank's reputation

Tesla passes General Motors to become the most valuable US automaker

Morgan Stanley says huge 30% stock surge could be ahead; Like 1999, 'cannot afford to miss it'


Video surfaces of man being dragged from overbooked United flight

Pyongyang fighting words as Korean Peninsula 'hugely near the tipping point'

Wells Fargo board slams former CEO Stumpf and Tolstedt, claws back $75 million

This retailer could triple its revenue over the next five years

The Fed isn't even close to being the biggest wild card for markets, Mohamed El-Erian argues

Goldman Sachs recommends a market bet as elections loom in France

Gasoline prices jump to 19-month high and could be headed higher with spring driving season here

CNBC Pro

Goldman: Market going lower, so buy stocks with rising profitability

Full interview with former Vanguard CEO Jack Bogle on Trump's agenda, ETFs' influence

TOP VIDEO

Justice Gorsuch speaks after being sworn in
Justice Neil Gorsuch speaks following his swearing-in as the 113th justice to the Supreme Court.

SPECIAL REPORTS

The rise of ETFs may be a cause of record-low volatility

Obscure index could hold the key to the market's next move

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